Dubai adds more than 24,000 property units in six months

104 projects worth about Dh111 billion were completed during the first half of 2026

Last updated:
Nivetha Dayanand, Assistant Business Editor
An view of Dubai skyline. AFP
An view of Dubai skyline. AFP
AFP

Dubai: More than 24,000 new real estate units were added to Dubai during the first six months of 2026, an increase of 36% compared with last year, according to figures reviewed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum on Thursday.

A total of 104 real estate projects were completed during the first half, carrying a combined investment value of approximately Dh111 billion.

Sheikh Hamdan, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of The Executive Council of Dubai, said the completed projects represented an estimated increase of 52%.

“I reviewed the report on real estate projects completed in Dubai in the first half of 2026, which highlights the sector’s continued growth,” Sheikh Hamdan said in a social media post on Thursday.

More than 24,000 units delivered

The completion figures provide a fresh indication of how much new property has entered Dubai during the first half of the year, with the 104 projects delivering more than 24,000 units across the city.

The 36% increase in new units means more residential and other real estate stock was completed compared with the corresponding period last year.

“A total of 104 real estate projects, with a combined investment value of approximately Dh111 billion, were completed, representing an estimated 52% increase. These projects also added more than 24,000 new real estate units in Dubai, up 36% compared with last year,” Sheikh Hamdan said.

Sheikh Hamdan points to investor confidence

Sheikh Hamdan linked the latest figures to continued confidence in Dubai’s property and investment environment.

“Today’s figures reflect the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, reaffirming the strength and resilience of Dubai’s real estate sector and the growing confidence in its investment and business environment.”

He added, “Dubai’s ambition and leadership know no limits.”

Nivetha Dayanand
Nivetha DayanandAssistant Business Editor
Nivetha Dayanand is Assistant Business Editor at Gulf News, covering aviation, financial markets and commodities. A business and financial journalist with a strong interest in multimedia storytelling, she regularly takes complex financial and economic subjects beyond the written word, producing explainer videos that make them easier for a wider audience to understand. Nivetha has interviewed senior policymakers, business leaders and global financial figures both on and off camera. Her past guests include UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, Khaled bin Alwaleed Al Saud, a member of the House of Saud and the founder and CEO of KBW Ventures, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund and Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu. She has also hosted and moderated panels, conferences and awards shows, bringing her newsroom experience to live conversations on business, finance and the economy. An Erasmus Mundus journalism alum, Nivetha is drawn to stories that affect people directly and to reporting that gives a platform to voices that might otherwise go unheard. She was among the first journalists to speak to Petrofac employees in the UAE about unpaid salaries, broke the news of the planned demolition of Dubai’s well-known “Toyota Building”, and helped set the record straight on widely circulated claims that a giant replica of the Moon was coming to Dubai. More recently, her exclusive interview with EDGE Group CEO Hamad Al Marar revealed how the UAE-based defence group deployed its systems along the country’s shore border and established a geofence around the UAE within 48 hours of the February 28 escalation. Prior to joining Gulf News, Nivetha worked at ITP Media, where she helped launch Finance Middle East, a new publication covering the region’s financial sector. Her role spanned reporting and editing, video production, interviews and events. Across print, digital, and video, she focuses on finding the people behind business stories and explaining why those stories matter to the audience reading or watching them.
Related Topics:

Get Updates on Topics You Choose

By signing up, you agree to our Privacy Policy and Terms of Use.
Up Next